A company's revenue increases from ₹ 50 lakh to 72 lakh in 2 years. The CAGR is:

CA Foundation · Quantitative Aptitude · MTP · September 2026
A company's revenue increases from ₹ 50 lakh to 72 lakh in 2 years. The CAGR is:
(A) A. 15%
(B) B. 18%
(C) C. 20%
(D) D. 22%

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 20%

Topics: Part-A: Business Mathematics

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